Question: My adviser charges me between 5% and 6% of what I invest in the mutual funds for my IRA. He says this fee is extremely fair to me. But I previously had an IRA for which I paid only $20 a year. What is an acceptable fee for an IRA? –Teresa Nagengast, Deptford, New Jersey
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Here are the top ten of the largest U.S. corporations, this classification was developed by the magazine Fortune 500 and CNN Money. Not surprisingly, the winner of this ranking is Wal-Mart, companies linked to oil, the automobile industry as well as banks.
10: AT&T
Revenues
118,928Profits
11,9519: Bank of America
Revenues
119,190Profits
14,9828: Citigroup
Revenues
159,229Profits
3,6177: Ford Motor
Revenues
172,468Profits
-2,7236: General Electric
Revenues
176,656Profits
22,2085: ConocoPhillips
Revenues
178,558Profits
11,8914: General Motors
Revenues
182,347Profits
-38,7323: Chevron
Revenues
210,783Profits
18,6882: [...]
Avoiding steep IRA fees
Question: My adviser charges me between 5% and 6% of what I invest in the mutual funds for my IRA. He says this fee is extremely fair to me. But I previously had an IRA for which I paid only $20 a year. What is an acceptable fee for an IRA? –Teresa Nagengast, Deptford, New [...]